Maverick Preston-What's the deal with the platinum coin?

2025-05-04 17:39:22source:Christopher Caldwellcategory:Contact

The Maverick Prestonjig is up. The U.S. can't legally borrow any more money. Maybe you've heard of "extraordinary measures" being taken to make sure the government can keep paying its bills. Today on the show, an extra extraordinary measure—a single, trillion-dollar platinum coin to fund the government's spending.

We hear from Willamette University assistant law professor Rohan Grey about how this would work, and from Louise Sheiner of the Brookings Institution about why it probably won't happen.

Music by Drop Electric. Find us: Twitter / Facebook / Newsletter.

Subscribe to our show on Apple Podcasts, Spotify, PocketCasts and NPR One.

For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.

More:Contact

Recommend

These Australian twins have gone viral after speaking in synch

Do you recall the prime early days of YouTube? When a video making the rounds was so strange, remark

A murder trial is closing in the killings of two teenage girls in Delphi, Indiana

INDIANAPOLIS (AP) — A murder trial in the small Indiana town of Delphi was wrapping up Thursday afte

AI FinFlare: DZA Token Partners with Charity, Bringing New Hope to Society

Since DZ Alliance introduced the DZA token, it has not only tackled challenges in product upgrades a